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Results (10,000+)
Eva K. Reducing Closing &Calculating REET) when buying out my partner
31 October 2024 | 0 replies
I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).
Dina Schmid Negotiations When Purchasing Existing STR
1 November 2024 | 19 replies
You presented a perspective I had completely overlooked.Would you still recommend negotiating a lower purchase price vs cashier's check on closing given that we're in a higher income tax bracket and thus capital gains tax could come into play in the future? 
Errol Graham Accounting and Management tools for Landlords
3 November 2024 | 15 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Celia Moore Anyone have a good web developer they use? Want website updated & optimized
30 October 2024 | 6 replies
Quote from @Celia Moore: Our site is fairly big, holds lots of information.
David Maldonado Getting a GC license as an Owner builder
2 November 2024 | 8 replies
The setting in which the experience was gained plays a role in determining what constitutes a qualified and responsible person and what types of experience documentation may be acceptable.It goes on to list pretty much anybody related to construction fields, including homeowners you perform work for.
Alexander Zeisberg New Again Agent
1 November 2024 | 4 replies
I want to make sure clients feel this is fair and transparent—has anyone structured their commissions similarly, and how’s it worked for you?
Brienne Metcalf new land lord - inherited tenants
2 November 2024 | 9 replies
You will wonder why you didn't move them out in the first place and bump up to market rate.I recommend studying your market to determine a fair rate.
Matthew Schulz New Member looking for insight on Rockford IL, maybe section 8?
31 October 2024 | 1 reply
Cash Flow is fairly good in most areas.
William Coet Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
The sophisticated money is not buying in stagnant markets with poor fundamentals because they can achieve the 1% rule, can complete a BRRRR or because of more favorable landlord tenant laws exist just to highlight what’s rarely part of their acquisition criteria which is a stark contrast to the mindset of most within the BiggerPockets community.Since your focus is specifically on landlord tenant law component I’ll add those who follow the law, properly maintain their property, respond timely to tenant requests, use well drafted and fair leases and don’t unreasonably withhold deposits  find themselves in far less tenant controversies. 
Jacob Nevarez First House Hack
5 November 2024 | 28 replies
Screen tenants, adhere to fair housing laws, and consider property management apps.